Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/26064 
Authors: 
Year of Publication: 
2007
Series/Report no.: 
CESifo Working Paper No. 2019
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper argues that politicians are overprotected. The costs of political assassination differ systematically depending on whether a private or a public point of view is taken. A politician attributes a very high (if not infinite) cost to his or her survival. The social cost of political assassination is much smaller as politicians are replaceable. Conversely, the private cost of the security measures is low for politicians, its bulk - including time loss and inconvenience - is imposed on taxpayers and the general public. The extent of overprotection is larger in dictatorial than in democratic countries.
JEL: 
D01
D70
H50
J28
Z10
Document Type: 
Working Paper
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